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Adam Tooze on World Order, Then and Now

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Shifting Powers: China and the Global Order

This chapter examines the historic transition of global power, emphasizing China’s rise and its impact on the international landscape. It discusses the challenges the U.S. faces in adapting to a multipolar world, as well as the historical roots of these shifts, including Russia's missed opportunities post-World War I. The dialogue also reflects on the interaction between historical decisions and contemporary geopolitics, particularly focusing on Russia's complex relationship with the U.S. dollar and international cooperation.

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